AED 1,210,000

Situated in the heart of Business Bay, this ready studio apartment in Peninsula Two offers immediate ownership in one of Dubai’s most active waterfront districts. The unit is well-suited to investors seeking rental income from day one or end-users looking for a compact, centrally located base.

Peninsula Two benefits from its position along the Dubai Water Canal, placing residents within easy reach of the city’s key commercial and leisure corridors. The studio format and manageable footprint make it a straightforward entry into a high-demand submarket.

Unit Features:

– Studio apartment
– 434 ft² / 40 m²
– Low floor
– Business Bay, Dubai Water Canal district
– Ready for immediate transfer

Complex Amenities:

– Swimming pool
– Fitness centre
– Landscaped waterfront promenade
– Retail and dining at podium level
– Covered parking

Architecture & Concept:

Peninsula Two is part of a master-planned waterfront cluster developed along the Dubai Water Canal. The architecture follows a contemporary high-rise format with clean facades and canal-facing orientations. The complex integrates residential, retail, and leisure components within a walkable, low-traffic environment.

About the Developer:

Peninsula Two was developed by Select Group, a well-established UAE developer with a strong track record of delivering large-scale residential and mixed-use projects across Dubai.

Location & Benefits:

– Business Bay central district
– Approximately 5 minutes to Downtown Dubai and Burj Khalifa
– Direct access to Dubai Water Canal walkway
– Close to Sheikh Zayed Road and Al Khail Road
– Metro connectivity via Business Bay station
– Strong surrounding infrastructure for tenant demand

Investment Appeal:

– Studio format commands consistent short- and long-term rental demand in Business Bay
– High liquidity submarket with active buyer pool at this price range
– Business Bay continues to record strong capital appreciation year on year
– Entry point competitive against comparable canal-adjacent stock
– Immediate transfer means no payment plan wait for rental yield to begin

Frequently Asked Questions:

Q: Is the apartment ready for handover?
A: Yes, the unit is ready and can be transferred immediately upon agreement.

Q: Is the unit suitable for short-term rental?
A: Business Bay permits short-term rental operations subject to DTCM registration, and the area sees strong tourist and corporate demand throughout the year.

Q: What makes this studio competitive against other Business Bay listings?
A: The canal-adjacent location, established complex amenities, and ready status distinguish it from off-plan options at similar or higher price points.

To find out more or to arrange a viewing, please submit your enquiry using the form on this page.